HDB launches two BTO projects in Woodlands

HDB has launched two new Build to Order (BTO) projects in Woodlands.

A total of 1,329 flats will be offered by the two projects – Woodlands Dew and Woodlands Meadow.

779 flats will be four and five-room units.

95 per cent of the flats will be set aside for First-Timers.

Flats in Woodlands Dew will cost between $78,000 for a two room unit to $280,000 for a four-room flat.

Flats in Woodlands Meadow will range from $136,000 to $328,000.

HDB said with today’s launch, it would have offered a total of 14,200 new flats for sale under the BTO and Sale of Balance Flat exercises since the start of the year.

The housing board said it will continue to provide an adequate supply of new flats to meet housing demand.

More than 16,000 new flats will be offered this year.

BTO projects slated for the rest of this year include areas such as Bukit Panjang, Punggol, Sengkang and Yishun.

HDB said the next launch in October will offer about 1,320 flats in Bukit Panjang and Sengkang.

It said the BTO supply will be supplemented by the on-coming supply of about 4,600 units under the Design, Build & Sell Scheme (DBSS) and Executive Condominium (EC) Scheme to provide choices for higher-income households.

Source : Channel NewsAsia – 21 Sep 2010

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